Business

TruGolf Announces Stock Repurchase Program

Salt Lake City, Utah, May 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, today announced the authorization of a stock repurchase program of up to $2 million of TruGolf’s Class A common stock. The stock repurchase program will expire upon the expenditure of $2 million, when terminated or otherwise completed. Purchases may be made in open-market transactions or by other means as determined by TruGolf’s management and

articleTrugolf Holdings, Inc.May 29, 20253/company/trugolf-inc/news/trugolf-announces-stock-repurchase-program-164500237
TruGolf Announces Stock Repurchase Program

About this update from Trugolf Holdings, Inc.

[{"type":"image","alt":"TruGolf Holdings, Inc.","displaySize":"","headline":null,"caption":"TruGolf Holdings, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":148,"height":153,"url":"https://media.zenfs.com/en/globenewswire.com/8fcf0ba3832ebe733f0be3fd46a80f2f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_W6TfjquGMRTgE_Tk3IuFA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTIxNztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/8fcf0ba3832ebe733f0be3fd46a80f2f","width":148,"height":153}},"lazy":false},{"type":"text","content":"Salt Lake City, Utah, May 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, today announced the authorization of a stock repurchase program of up to $2 million of TruGolf’s Class A common stock.","length":273,"tagName":"p"},{"type":"text","content":"The stock repurchase program will expire upon the expenditure of $2 million, when terminated or otherwise completed. Purchases may be made in open-market transactions or by other means as determined by TruGolf’s management and in accordance with the regulations of the Securities and Exchange Commission. The timing of purchases and the number of shares repurchased under the stock repurchase program will depend on a variety of factors including price, trading volume, market conditions and corporate and regulatory requirements.","length":530,"tagName":"p"},{"type":"text","content":"“TruGolf’s capital position provides the opportunity to execute this stock repurchase program, which we believe further strengthens our shareholder value proposition,” said Chris Jones, CEO of TruGolf.","length":201,"tagName":"p"},{"type":"text","content":"About TruGolf Holdings","length":22,"tagName":"p"},{"type":"text","content":"TruGolf is a golf technology company, committed to making golf easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.","length":489,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,...

More updates from Trugolf Holdings, Inc.

stock repurchaseTruGolf Holdings, Inc.the CompanyForward-Looking Statements